US to Require $15K Visa Bonds from Nigerians to Curb Overstays
The United States is set to introduce a new visa bond requirement targeting travelers from countries with high rates of […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
African Business News
Eterna Plc Reports ₦1.6b H1 2025 Profit Amid 7% Revenue Growth
Nigerian energy company Eterna Plc has announced a significant financial turnaround, reporting a pre-tax profit of ₦1.57 billion (approximately $1.1
MRS Keeps Petrol Price at N885/Litre Despite Nigeria-Wide Fuel Hike
The price of petrol in Nigeria remains a focal point of market fluctuations as major retailers adjust rates amid shifting
Naira Gains on Dollar as External Reserves Swell in Official FX Market
The Nigerian naira opened the week with a modest gain against the U.S. dollar in official trading, buoyed by a
Nigeria Fuel Nears ₦1,000/Litre as Marketers, Retailers Trade Blame
Nigerian consumers are grappling with a sharp rise in fuel costs as pump prices for petrol, locally called Premium Motor
SAPZ Programme Fuels Nigeria’s Agro-Industrial Revolution, Economic Growth
Nigeria’s federal government has launched a major agricultural transformation program aimed at boosting industrial growth, creating jobs, and strengthening its
Trump Fires Labor Chief in Jobs Data Row, Draws Criticism
US President Donald Trump announced plans to appoint an “exceptional replacement” for the ousted head of the Bureau of Labor
Flutterwave CEO Calls for Unified Payment Systems to Unlock Africa’s Economic Growth
At a time when Africa’s economic potential is drawing global attention, seamless cross-border transactions are emerging as a cornerstone for
Suez Canal Authority Eyes Closer Russia Ties Through Industrial Zone Partnership
Egypt’s Suez Canal Authority is exploring a potential direct partnership with Russia, building on existing bilateral projects, as reported by
Nigeria Customs Intercepts 1,620 Parrots, Canaries Smuggled to Kuwait
Nigerian authorities have thwarted an attempt to illegally export over 1,620 live birds from Lagos to Kuwait, marking the latest
Nigeria’s 2025 Oil Output Hits 1.8M BPD, Beats OPEC Quota
Nigeria’s crude oil production reached 1.8 million barrels per day (mbpd) in July 2025, surpassing its pledged quota to the
Ghana Hikes Cocoa Prices 60%, Squeezing Global Supply and Rival Producers
Ghana has announced a substantial increase in cocoa producer prices, raising payments to farmers by over 60% in a bid